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National Grid - Future System Operator Finance Analyst
National Grid ✓ Verified Employer

Future System Operator Finance Analyst

Verified Base Compensation
£50,000 - £50,000 / year
£4,167 - £4,167 / mo Apply Now →
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Executive Summary

Future System Operator Finance Analyst...

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Future System Operator Finance Analyst

Location: Warwick, GB, CV34 6DA
Division: FBP SO
Job Type:
Requisition Number: 43162
Department: ESO
Job Function: Finance and Risk

Great Britain's electricity system is undergoing an ambitious, exciting, and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.


Within Electricity System Operator (ESO) we have an exciting opportunity to be part of this exciting programme and will support the CFO workstream. This workstream will be responsible for designing, building, and implementing the Finance back-office functions of the Future System Operator (FSO).


The FSO programme is split into two parts, Transition, working with National Grid Plc to separate the ESO business ready to become the FSO, and Transformation, setting up the new organisation. We are also shifting our culture to one that is open, innovative, and team-driven and deploying market leading and first-in-the world technologies to achieve net zero operability by 2025. Both elements of the programme will be operating in parallel and at pace to ensure that the FSO is set up for success


This role is an interim programme 18 month fixed-term role, based in Warwick with circa 2 days per week in the office with occasional travel to sites.

What You'll Do:


Working closely with the Operational Finance Lead and FSO Finance Lead, you’ll support with building the new CFO function team as well as processes and governance required for the FSO. You’ll consult with other FSO Programme workstreams to build out the critical end to end processes and assist migration activities for the CFO workstream. You’ll support in agreeing data scope, data cleansing and assist in any remediation work required during the various migration testing cycles, ensure all data has been migrated successfully into the separate SAP S/4 Hana instance for the FSO. You’ll coordinate of knowledge transfer activities between National Grid Plc and the new CFO function. Assist with the preparation of any training materials for the new CFO team as required. You’ll facilitate any User Acceptance Testing organisation and coordination as appropriate, ensuring all critical defects have been successfully remediated.

About You:


What we do isn’t just important – it’s essential. That’s why we look to recruit experts in their field. In this case, you’re a Qualified Accountant (ACA / ACCA / CIMA) with post qualified experience in large companies in industry. You have strong business process modelling skills and have a good understanding of Shared Services’ processes. You’ve worked on transformation programmes (data migration and change activities) and have a strong data management skill set as well as experience working with project and asset data. You’re a strategic influencer with strong stakeholder management and have good working knowledge of financial risk and controls environments.


Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What You'll Get:


Up to £50k per annum - dependent on experience.


Plus:

  • Annual Bonus (based on personal and company performance) and annual salary review
  • Competitive contributory pension scheme (we double-match your contribution to a max company contribution of 12%
  • 26 days holiday (plus the opportunity to buy more each year)
  • Life Insurance at 10 x your basic salary
  • Financial support to help cover the cost of professional membership subscriptions, course fees, books, exam fees and time off for study leave – relevant to your role
  • Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
  • Access to apps which support health, fitness, and wellbeing.
  • Career development, ongoing training and support, career progression and plenty of opportunity to progress!

More Information:


This role closes on 7 June 2023; however, we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. Interviews will be held w/c 12 June 2023.


At National Grid ESO, we work towards the highest standards in everything we do, including how we support, value, and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.


We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, treated, and able to reach their full potential.


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About Us:


At National Grid ESO, our mission is to meet the challenges of the future and deliver cleaner, affordable electricity. We constantly strive to do this better by using technology and innovation to transform the way we work.


As you may have seen the Government and Ofgem have asked the ESO to take on new roles and responsibilities to help deliver net-zero.


Becoming the Energy Future System Operator is a critical step to help deliver a reliable and clean energy transition for all. The ESO, including all of its existing roles, will be at the heart of the new Future System Operator, taking on additional roles with a whole energy system mindset to drive progress towards net zero while maintaining energy security and minimising costs for consumers.


The new organisation will be set up as a public corporation with operational independence from government – bringing parties together to support optimised decision making and action. As now, it will be licenced and regulated by Ofgem but funded by consumers through price control agreements. It is anticipated that the new organisation will be up and running by or in 2024.

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £50,000 - £50,000
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £3,333 - £3,250 / mo
Regional Economics

Cost of Living (Warwick, West Midlands, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

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Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

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HR Screening

2-4 day credential verification.

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Official Offer

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